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As part of its fiscal policy, the government offers industries tax concessions to encourage investment. Which dimension of the business environment does this represent?

Answer and explanation

Correct answer: Economic dimension

The economic dimension includes economic policies, including fiscal measures such as taxation and tax incentives. Since the question focuses on a tax concession intended to encourage investment, it represents the economic dimension.

Related tags

Business-EnvironmentEconomic-DimensionFiscal-PolicyDimensions Of Business EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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